parcel carriers

Priority Courier Experts acquires Indiana-based parcel courier

Same-day delivery company Priority Courier Experts (PCE) announced Tuesday it has acquired Now Courier.

Indianapolis-based Now Courier is a 38-year-old parcel and local delivery company serving the Midwest out of seven locations. It executes 4 million deliveries annually with a network of 250 drivers.

“I am excited for me and my team at NOW Courier to join forces with PCE and help bring new capabilities and solutions to the Indianapolis market,” stated Ryan Schwalbach, president of Now Courier,...

https://www.freightwaves.com/news/priority-courier-experts-acquires-indiana-based-parcel-courier

Amazon promises equal priority for third-party air cargo, own parcels

MIAMI BEACH, Fla. – The executive in charge of Amazon’s new air cargo service for third-party shippers reassured freight forwarders their cargo won’t be bumped from overloaded flights to preserve space for Amazon (NASDAQ: AMZN) parcels, because the retail giant has the technology and network density to ensure shipments reach their destination on time by whatever mode necessary.

“From an air perspective, we have both a hub-and-spoke and point-to-point [operation]. But we also have a ground...

https://www.freightwaves.com/news/amazon-promises-equal-priority-for-third-party-air-cargo-own-parcels

FedEx initiates targeted layoffs; UPS sheds workers at Ontario airport 

FedEx Corp. is laying off an undisclosed number of workers across the organization, despite posting stronger-than-expected quarterly results last week, as the company strives to hit targets for right-sizing the company. Meanwhile, parcel delivery rival UPS (NYSE: UPS) will eliminate more than 300 positions at its regional air hub in Ontario, California, because of slower volume.

In an unrelated move, FedEx Supply Chain Solutions said it plans to release more than 300 workers at a Georgia...

https://www.freightwaves.com/news/fedex-initiates-targeted-layoffs-ups-shed-workers-at-ontario-airport

Parcel carriers still operating according to 1980s narrative

By Satish Jindel
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

In many respects, the parcel market of 2024 still looks very much like that of 40 years ago when RPS broke into a practical monopoly of UPS. While transit time is faster for ground service, the service offerings, operational network and technology have largely remained unchanged.

For example, the transit time commitments for overnight express...

https://www.freightwaves.com/news/parcel-carriers-still-operating-according-to-1980s-narrative

FedEx fleet restructure poses threat to freighter operators

FedEx has portrayed its new air network redesign in terms of streamlining the high-cost overnight parcel operation, but internal communications show the express delivery giant also sees an opportunity to aggressively go after heavyweight cargo booked by logistic providers to offset slower growth in the main express product and declining postal business.

FedEx Express (NYSE: FDX) historically has concentrated on moving small parcels by air. It gives general cargo — dry goods, hardware, textiles...

https://www.freightwaves.com/news/fedex-fleet-restructure-poses-threat-to-freighter-operators

DHL Express diverts freighters from Cincinnati Airport as strike precaution

DHL Express has activated contingency plans to keep delivering packages without interruption in the event ramp and tug workers at its North American air hub near Cincinnati go on strike as contract negotiations continue this week.

The Teamsters, which represents more than 1,100 DHL employees who load and unload freighters at Cincinnati/Northern Kentucky International Airport (CVG), announced Sunday that members overwhelmingly authorized leadership to call a work stoppage if there isn’t progress...

https://www.freightwaves.com/news/dhl-express-diverts-freighters-from-cincinnati-airport-as-strike-precaution

Park and pray: More delivery drivers park illegally amid curb congestion

Last-mile delivery has a parking problem, and it is hurting efficiency, raising costs and ultimately hurting the ability to attract new drivers.

Just 7.5% of drivers surveyed by curb management company Automotus said they are always able to find parking at the curb upon arrival, and 25% spend between four and seven minutes searching for a spot.

“From the data, we see that very few drivers are able to get a parking spot without circling around for several minutes,” said Anil Merchant, head of...

https://www.freightwaves.com/news/park-and-pray-more-delivery-drivers-park-illegally-amid-curb-congestion

FedEx adding 90,000 workers to handle peak surge

FedEx latest to announce season hiring plans

FedEx Corp. said Thursday it would hire 90,000 workers “ahead of busy peak season.” 

The company will host in-person National Hiring Day events in Memphis, Tennessee, Indianapolis, Dallas and Atlanta next Thursday. FedEx (NYSE: FDX) will look to add package handlers, managers, technicians, forklift drivers, couriers and customs trade coordinators through virtual events as well.

“These positions are critical to the company’s success in meeting rising e-commerce demands from retailers and...

https://www.freightwaves.com/news/fedex-adding-90000-workers-to-handle-peak-surge

FedEx taps Boeing for 20 more 767 freighters

A white FedEx plane with blue tail flying above the clouds.

FedEx Express (NYSE: FDX) will invest in 20 more cargo jets as e-commerce continues to drive global growth for the parcel sector.

Chief Operating Officer Raj Subramaniam said during Thursday’s briefing on the company’s quarterly results that FedEx is exercising options to purchase 20 additional 767 freighters from Boeing Co. (NYSE: BA) to modernize its fleet and improve service amid strong shipping demand. Ten aircraft are scheduled for delivery in the 2024-2025 time frame, and 10 more the...

https://www.freightwaves.com/news/fedex-taps-boeing-for-20-more-767-freighters

+ More